Degree Capital Corp (NASDAQ:TURN) Q4 2019 Earnings Conference Call February 25, 2020 9:00 AM ET Company Participants Daniel Wolfe - President & CFO Kevin Rendino - Chairman, CEO & Portfolio Manager Conference Call Participants Zach Liggett - Financial & Investment Management Group Ltd Sam Rebotsky - Analyst Brandon Goyette - Delta Investment Group Daniel Wolfe Good morning and welcome to 180 Degree Capital Corp.'s Fourth Quarter and Full Year 2019 Financial Results Call. This is Daniel Wolfe, President and ...

180 Degree Capital Inc. (NASDAQ:TURN) Q2 2019 Earnings Conference Call August 15, 2019 9:00 AM ET Â Company Participants Kevin Rendino - Chairman, Chief Executive Officer Daniel Wolfe - President, Chief Financial Officer, Chief Compliance Officer Conference Call Participants Adam Walter - Westmore Partners Unidentified Analyst - Daniel Wolfe Good morning and welcome to 180 Degree Capital CorpÂ's second quarter 2019 financial results call. This is Daniel Wolfe, President and Portfolio Manager of 180 Degree C ...

1 Value Creation Through Constructive Activism Q2 2019 Shareholder Call August 15, 2019 Safe Harbor Statement This presentation may contain statements of a forward-looking nature relating to future events. Statements contained in this presentation that are forward-looking statements are intended to be made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to the inherent uncertainties in predicting future results and ...

Q1 2019 Financial Performance - Stock price increased from $1.75 to $1.86, a 6% increase[4] - NAV/Share increased from $2.64 to $2.76, a 5% increase[4] - Stock Price/NAV increased from 66% to 67%[4] - Cash + Liquid Securities increased from $32.7 million to $36.4 million, an 11% increase[4] Portfolio Performance - Public portfolio net value increased by $4.4 million[4] - Significant increases in public portfolio value were led by Adesto (+$1.9 million), TheStreet (+$1.4 million), and Airgain (+$0.7 million)[4] - The largest decrease in public portfolio value was Emcore (-$0.3 million)[4] - The public portfolio gross total return from Q4 2018 to Q1 2019 was 13.6%[26] - The public portfolio weighted average return from Q4 2018 to Q1 2019 was 14.4%[26] Expense Management - Total operating expenses decreased by $28,470, a 4% decrease, from $803,936 in Q1 2018 to $775,466 in Q1 2019[41]

Financial Data and Key Metrics Changes - The company grew its book value by 5% in Q1 2019, entirely driven by the performance of public holdings [6] - The net asset value (NAV) at the end of Q1 was $2.76, up from $2.64 at the end of the previous year, with $0.14 of gains from the public portfolio [9][10] - Operating expenses slightly decreased to $775,000 from $800,000 in Q1 2018, representing a 4% year-over-year decrease [26] Business Line Data and Key Metrics Changes - The public portfolio contributed significantly to NAV growth, with 90% of gains coming from public investments [8] - The private portfolio remained flat during the quarter, contrasting with the previous quarter where it provided a cushion against market declines [7] Market Data and Key Metrics Changes - The Russell Microcap index increased by 13% in Q1 2019, while the company's NAV rose by 5% [7][18] - The company outperformed the Russell Microcap index and the S&P 500, achieving a 14.4% increase in public holdings [11][17] Company Strategy and Development Direction - The company aims to be a leader in public company constructive activism and is focused on generating positive shareholder returns [34] - There is a strategic shift towards increasing public holdings, which now account for nearly 42% of total assets, up from 26% at the end of 2016 [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the potential of the private portfolio, highlighting that 18 of 24 positions are in actively operating businesses [21] - The company is looking for opportunities to monetize private investments to fund public investment strategies [25] Other Important Information - The company sold a convertible bridge note for $230,000 and shares of Phylagen for $25,000, indicating ongoing efforts to monetize private holdings [24] - The management team and board have collectively purchased over 400,000 shares in the last five quarters, aligning their interests with shareholders [33] Q&A Session Summary Question: Appreciation for the hard work and the second quarter update - An analyst expressed gratitude for the management's efforts and specifically mentioned the second quarter update [37] Response: Acknowledgment of appreciation - Management thanked the analyst for the feedback and confirmed the reference to the second quarter update [38][40] Conclusion: No further questions - The call concluded with management thanking participants and indicating they would return for the Q2 update [42][43]

180 Degree Capital Corp (NASDAQ:TURN) Q4 2018 Earnings Conference Call February 26, 2019 9:00 AM ET Company Participants Daniel Wolfe - President, CFO and Chief Compliance Officer Kevin Rendino - Chairman and CEO Conference Call Participants Operator [Call Starts Abruptly] Â…call this morning. All participants are currently in a listen-only mode. Following our prepared remarks, we will open up the line to questions. [Operator Instructions] I would like to remind all participants that this call is being reco ...